Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Tuesday, May 26, 2015
Faruqi & Faruqi Investigation: CHC Group Ltd.
Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In CHC Group Ltd. To Contact The Firm
On July 10, 2014, CHC Group's executive officers revealed that Petrobras had not made payments on contracts to CHC Group since April 2013 – approximately nine months prior to the Company's IPO. On this news, shares of CHC Group's stock declined $0.99 per share, or 11.5%, to close on July 10, 2014 at $7.63 per share. The closing price of the Company's common stock on July 10, 2014 represented a decline of more than 23% from the price of the stock at the time of CHC Group's IPO less than six months prior.
If you invested in CHC Group stock or options between January 16, 2014 and July 10, 2014 and would like to discuss your legal rights, please call Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding CHC Group’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.